WCT is Coming to BitGet – Join the WalletConnect Token LaunchX Campaign.
Dear WalletConnectooors!
WalletConnect has been the connectivity backbone of onchain UX since 2018, empowering 35M+ users to access thousands of onchain apps with ease. Now, WalletConnect taking the next step in decentralizing, and we want you to be part of it.
WalletConnect is excited to announce the WalletConnect Token (WCT) BitGet LaunchX Campaign, launching 17th February 2025. This is your opportunity to participate in WCT’s launch on BitGet LaunchX and help shape the future of WalletConnect.
This campaign is designed for fair access to WCT, reinforcing WalletConnect’s commitment to decentralization. Participants can obtain a stake in the network, contributing to the next phase of onchain connectivity and decentralization for the Network.
Don’t miss your opportunity to be part of WalletConnect’s evolution. Prepare your BitGet account now and be ready to participate on LaunchX.
Together, let’s decentralize the future of onchain UX.
we can’t transfer our tokens as real users of the product but people outside the community can join this sale/subscription and dump the token/price before we even get the chance to vote on the transferability proposal which also requires us to wait 3 months after tge as a criteria. doesn’t seem fair to your “community”
first of all thank you for holding a fantastic event like this, I support any activity held by the team. but let me ask a few things that may still be questions in my head. here are some summaries of questions for the pre-sale event that will be held on the bitget LaunchX platform this time
Given that WalletConnect previously conducted a token sale on CoinList at the same price ($0.20 per WCT), what specific measures are being taken to ensure fairness for early investors who committed funds earlier, especially considering that the BitGet LaunchX sale offers 100% unlocked tokens upon transferability? Additionally, how does the team plan to prevent potential market disruptions caused by a sudden increase in circulating supply?
With a maximum individual commitment of 10,000 USDT and no lock-up period, how does WalletConnect intend to mitigate the risks of immediate price dumping and potential manipulation by large investors (whales)? Are there any liquidity management strategies, token utility enhancements, or vesting alternatives being considered to promote long-term holding and network stability?
Given that token sales and launches are often targeted by malicious actors, what specific security measures are being implemented to prevent phishing attacks, fake websites, and unauthorized token sales? Additionally, how does WalletConnect ensure compliance with global regulatory frameworks to prevent legal complications for investors participating from different jurisdictions?